Technical Textile Chemicals Market is Anticipated to Reach USD 4.96 Billion by 2020: Grand View Research, Inc.
“Increasing penetration of technical textiles across various end-use industries such as medical, military and transportation is expected to drive the global technical textile chemicals market. Positive outlook on global automotive industry.�
The Global Technical Textile Chemicals Market is expected to reach USD 4.96 billion by 2020, according to a new study by Grand View Research, Inc. Increasing penetration of technical textiles across various end-use industries such as medical, military and transportation is expected to drive the global technical textile chemicals market. Positive outlook on global automotive industry is also expected to have a positive influence on the market growth over the next six years. Increasing industrial growth rate in emerging markets of China, India, Brazil and Russia is further expected to complement the market growth. Volatile prices of key raw materials coupled with growing environmental concerns are expected to remain a key challenge for market participants. Access Full Research Report on Global Technical Textile Chemicals Market: http://www.grandviewresearch.com/industry-analysis/technical-textilechemicals-market
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Transtech emerged as the largest application segment and accounted for 25.1% of total market volume in 2013. Growth of automotive industry particularly in BRIC nations coupled with resurgence of American automotive industry is expected to drive the market. Geotech is expected to witness the highest growth rate of 6.4% from 2014 to 2020. Growth of geotextiles market particularly in Asia Pacific and Middle East is expected to remain a key driving factor for this segment. Further key findings from the study suggest:
Global technical textile chemicals demand was 1,646.6 kilo tons in 2013 and is expected to reach 2,124.5 kilo tons by 2020, growing at an estimated CAGR of 3.7% from 2014 to 2020.
Asia Pacific emerged as the leading regional market for technical textile chemicals and accounted for over 55% of total market volume in 2013. Increasing infrastructure spending coupled with growth of automotive industry particularly in emerging markets of China, India, Thailand and Indonesia is expected to drive the regional market. Asia Pacific is also expected to witness the highest growth rate over the forecast period. The region is expected to grow at an estimated CAGR of 4.1% from 2014 to 2020.
European technical textile chemicals market is expected to exceed a market worth USD 750 million by 2020, growing at a CAGR of 3.7% from 2014 to 2020
Global technical textile chemicals market dominated by top multinational corporations which have presence across the value chain. Leading companies have been focusing on building new improved high performance products using advanced technologies such as biotechnology, ink-jet printing process and nanotechnology. Major market participants include Lonsen, DyStar Group, The Lubrizol Corporation, Kiri Industries, The Dow Chemicals Company, Sumitomo Chemicals, BASF SE, Huntsman Corporation, Bayer Material Science AG, Archroma, Clariant International, Omnava Solutions Incorporated, Solvay SA, and Kemira.
For the purpose of this study, Grand View Research has segmented the technical textile chemicals market on the basis of application and region:
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Read Our Blogs on Reports from this category By Grand View Research: http://www.grandviewresearch.com/blogs/bulk-chemicals Table of Content of Global Technical Textile Chemicals Market Research Report: Chapter 1 Executive Summary 1.1 Technical Textile Chemicals – Industry Summary & Critical Success Factors (CSFs) Chapter 2 Technical Textile Chemicals Industry Outlook 2.1 Market Segmentation 2.2 Market Size and Growth Prospects 2.3 Technical Textile Chemicals Value Chain Analysis 2.4 Technical Textile Chemicals Market Dynamics 2.4.1 Market driver analysis 2.4.1.1 Growing usage in varied textile applications 2.4.1.2 Growth of infrastructure in emerging economies 2.4.2 Market restraint analysis 2.4.2.1 Threat from bio-based alternatives 2.4.2.2. Stringent environmental regulations 2.5 Key Opportunities Prioritized 2.6 Industry Analysis - Porter's 2.7 Technical Textile Chemicals - PESTEL Analysis Chapter 3 Technical Textile Chemicals Application Outlook 3.1 Global technical textile chemicals market share by application, 2013 & 2020 3.2 Agrotech 3.2.1. Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.2.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million)
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3.3 Buildtech 3.3.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.3.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) 3.4 Geotech 3.4.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.4.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) 3.5 Medtech 3.5.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.5.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) 3.6 Miltech 3.6.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.6.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) 3.7 Packtech 3.7.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.7.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) 3.8 Protech 3.8.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.8.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) 3.9 Transtech 3.9.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.9.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons)
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(USD million) 3.10 Others 3.10.1 Market estimates and forecast, 2012-2020 (Kilo Tons) (USD million) 3.10.2. Market estimates and forecast by region, 2012-2020 (Kilo Tons) (USD million) Chapter 4 Technical Textile Chemicals Regional Outlook 4.1 Global technical textile chemicals market share, by region, 2013 & 2020 4.2 Americas 4.2.1 Market estimates and forecasts, 2012-2020 (Kilo Tons) (USD million) 4.2.2 Market estimates and forecasts, by applications, 2012-2020 (Kilo Tons) (USD million) 4.2.3 Market estimates and forecasts, by countries, 2012-2020 (Kilo Tons) (USD Million) 4.2.3.1 U.S. 4.2.3.1.1 Market estimates and forecasts, 2012-2020 (Kilo Tons) (USD million) 4.2.3.1.2 Market estimates and forecasts, by application, 2012-2020 (Kilo Tons) (USD million) 4.2.3.2 Canada 4.2.3.2.1 Market estimates and forecasts, 2012-2020 (Kilo Tons) (USD million) 4.2.3.2.2 Market estimates and forecasts, by application 2012-2020 (Kilo Tons) (USD million) 4.2.3.3 Mexico 4.2.3.3.1 Market estimates and forecasts, 2012-2020 (Kilo Tons) (USD million)
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4.2.3.3.2 Market estimates and forecasts, by application, 2012-2020 (Kilo Tons) (USD million) 4.2.3.4 Central & South America 4.2.3.4.1 Market estimates and forecasts, 2012-2020 (Kilo Tons) (USD million) 4.2.3.4.2 Market estimates and forecasts by application, 2012-2020 (Kilo Tons) (USD million) 4.3 Europe 4.3.1 Market estimates and forecasts, 2012-2020 (Kilo Tons) (USD million) 4.3.2 Market estimates and forecasts, by application, 2012-2020 (Kilo Tons) (USD million) 4.4 Asia Pacific 4.4.1 Market estimates and forecasts, 2012-2020 (Kilo Tons) (USD million) 4.4.2 Market estimates and forecasts, by application, 2012-2020 (Kilo Tons) (USD million) 4.5 Middle East & Africa 4.5.1 Market estimates and forecasts, 2012-2020 (Kilo Tons) (USD million) 4.5.2 Market estimates and forecasts, by application, 2012-2020 (Kilo Tons) (USD million) Chapter 5 Competitive Landscape 5.1 Clariant International 5.1.1 Company Overview 5.1.2 Financial Performance 5.1.3 Product Benchmarking 5.1.4 Strategic Initiatives 5.2 BASF SE 5.2.1 Company Overview
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5.2.2 Financial Performance 5.2.3 Product Benchmarking 5.2.4 Strategic Initiatives 5.3 Bayer MaterialScience 5.3.1 Company Overview 5.3.2 Financial Performance 5.3.3 Product Benchmarking 5.3.4 Strategic Initiatives 5.4 The Dow Chemical Company 5.4.1 Company Overview 5.4.2 Financial Performance 5.4.3 Product Benchmarking 5.4.4 Strategic Initiatives 5.5 Huntsman Corporation 5.5.1 Company Overview 5.5.2 Financial Performance 5.5.3 Product Benchmarking 5.5.4 Strategic Initiatives 5.6 Sumitomo Chemicals 5.6.1 Company Overview 5.6.2 Financial Performance 5.6.3 Product Benchmarking 5.6.4 Strategic Initiatives 5.7 Kiri Dyes 5.7.1 Company Overview 5.7.2 Financial Performance 5.7.3 Product Benchmarking
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5.7.4 Strategic Initiatives 5.8 Omnova Solutions 5.8.1 Company Overview 5.8.2 Financial Performance 5.8.3 Product Benchmarking 5.8.4 Strategic Initiatives 5.9 Kimera 5.9.1 Company Overview 5.9.2 Financial Performance 5.9.3 Product Benchmarking 5.9.4 Strategic Initiatives 5.10 The Lubrizol Corporation 5.10.1 Company Overview 5.10.2 Financial Performance 5.10.3 Product Benchmarking 5.10.4 Strategic Initiatives 5.11 Archroma 5.11.1 Company Overview 5.11.2 Financial Performance 5.11.3 Product Benchmarking 5.11.4 Strategic Initiatives Chapter 6 Methodology & Scope 6.1 Research Methodology 6.2 Research Scope & Assumptions 6.3 List of Data Sources
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About Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com
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